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He did say the heavily subsidised industries would suffer. So, remember next time you buy a car made in the UK/EU you are paying a tax to keep those industries in the UK. You are also likely paying a tax to encourage them not to relocate to a cheaper part of the EU. Good news is cars should be cheaper to buy.
We've got second nomination to CUK Cretin of the Year 2019!
Sources said that Honda was likely to relocate the manufacturing capability at Swindon to its home market of Japan.
The ability to guarantee tariff-free exports to the EU is understood to have been among the factors persuading the company of the merits of its decision.
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